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Question 3 0.5 pts Which of the following statement is FALSE? 0 Mental book value is equal to purchase price minus cumulative enjoyment 0 Replacement

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Question 3 0.5 pts Which of the following statement is FALSE? 0 Mental book value is equal to purchase price minus cumulative enjoyment 0 Replacement likelihood will increase as mental book value decreases 0 Residual values will weaken the effect of trade-ins O Trade-ins are effective because they help increase mental book value

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